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Byproducts of inflation are debt, wild speculation and increased volatility – booms and busts. Most important from the environmental perspective is that monetary inflation results in persistent generalized increases in consumer prices. This creates a mindset of buy now before prices go up further - exactly what policy makers want.…

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We are in the only age where there is no cultural consensus about anything. People are making it up as they go along because there is no cultural point of reference. We need a new word or phrase to denote this system impelling accelerating change referred to by Marx…

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Where does the Obama Administration stand on the issue of free trade? The president has repeatedly described himself as a free-trade proponent who wants to be a “better bargainer” on behalf of U.S. interests and wants agreements to include labor and environmental standards. But actions often speak louder than words.…

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